MARKETS / NYSE / UPS
NYSE · TRUCKING & COURIER SERVICES (NO AIR) · LARGE CAP

United Parcel Service, Inc. UPS

19 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY4 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$88.7B
▼ 2.6% vs FY2024
Dividend streak
4 yrs
Raised every year since 2022
EPS · FY25
$6.56
Dividend / sh · FY25
$6.56
Payout · FY25
97%
ROE · FY25
33.8%
Net margin · FY25
6.3%
Dividend coverage
1.0×
Advertisement
AdSense · Leaderboard 728×90320×100
Result
USD 88.7B
Revenue, FY2025 · full 19-year series below
Revenue Net income
408012088.75.62007201020132016201920222025
408012088.75.62016201920222025

6 cents of every revenue dollar became profit this year.

Per share
USD 6.56
Diluted EPS, FY2025
EPS Dividend
510156.566.562007201020132016201920222025
510156.566.562016201920222025

Earnings covered the dividend 1.0 times — the rest stayed in the company.

Profitability
33.8%
Return on equity, FY2025
ROE
20040060080033.8%2007201020132016201920222025
20040060080033.8%2016201920222025
Operating margin8.9%
Net margin6.3%
Return on assets7.8%

Each USD of equity produced 34 cents of profit this year.

Returned to shareholders
USD 6.2B
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 5.4B
Net buybacksUSD 841.0M
Share of profit112.0%
Consecutive raises4 years

USD 5.4B in dividends and USD 841.0M in buybacks — 112% of the year's profit, so the payout drew on cash built up earlier.

Growth
+0.9% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−4.0%
+0.9%
+4.3%
+4.0%
Net income
−21.6%
+32.9%
+1.4%
+3.5%
EPS, diluted
−20.8%
+33.6%
+2.1%
+4.6%
Dividend / share
+2.6%
Returned to shareholders
−9.3%
+13.1%
+2.3%
+6.5%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

Advertisement
AdSense · Leaderboard 728×90300×250
Balance sheet
USD 73.1B
total assets, end of FY2025
Total assetsUSD 73.1B
EquityUSD 16.2B
CashUSD 5.9B
Gross debtUSD 24.2B
Net debtUSD 18.3B
Current ratio1.22×

Net debt stands at 113% of equity.

History
19 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
Revenue $B
88.7
91.1
91.0
100.3
97.3
84.6
74.1
71.9
66.6
61.6
58.4
58.2
55.4
54.1
53.1
49.5
45.3
51.5
49.7
Operating income $B
7.9
8.5
9.1
13.1
12.8
7.7
7.8
7.0
7.5
7.7
7.7
5.0
7.0
1.3
6.1
5.6
3.5
5.4
0.6
EBITDA $B
10.9
11.5
11.9
13.2
·
·
8.0
·
·
·
·
·
·
·
·
·
·
·
·
Income tax $B
1.6
1.7
1.9
3.3
3.7
0.5
1.2
1.2
2.2
1.7
2.5
1.6
2.3
0.2
2.0
2.0
1.1
2.0
0.0
Net income $B
5.6
5.8
6.7
11.5
12.9
1.3
4.4
4.8
4.9
3.4
4.8
3.0
4.4
0.8
3.8
3.3
2.0
3.0
0.4
EPS, diluted $
6.56
6.75
7.80
13.20
14.68
1.54
5.11
5.51
5.61
3.86
5.35
3.28
4.61
0.83
3.84
3.33
1.96
2.94
0.36
Dividend / sh $
6.56
6.52
6.48
6.08
4.08
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
97
93
80
44
27
251
72
63
56
77
52
78
52
264
52
54
89
74
446
ROE %
33.8
34.0
36.2
67.9
172.9
68.5
141.2
238.7
701.2
238.1
210.1
70.4
78.6
13.8
50.7
42.8
27.3
44.3
·
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
54 of 54
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed